Securian Retirement Helps Advisors With Registered Investment Advisor Platforms

ST. PAUL, Minn., Oct. 2 /PRNewswire/ -- Securian Retirement Distributors is responding to advisors' growing interest in providing services to retirement plans through registered investment advisor (RIA) arrangements.

"Some advisors prefer to structure themselves as registered investment advisors and receive advisory fees. In other situations advisors promote the sale of suitable products and are compensated with traditional commissions," said Vincent Giordano, national sales vice president, Retirement Plans. "We believe that advisors and plan sponsors choosing the RIA platform will benefit from the flexibility of our program."

Securian's flexible approach means advisors can adapt to the varying needs of their clients. All advisory services and fees are negotiated between the RIA and plan sponsor and paid at the written direction of a plan fiduciary. If the plan directs that fees be withdrawn from plan assets, they can either be included in the contract asset charge or deducted from participant accounts.

Securian Retirement, a unit of Securian Financial Group, has more than 70 years in the retirement market and serves more than 3,000 retirement plans nationwide with nearly $10 billion in assets as of June 30, 2008. Annuities and retirement plans are underwritten by Minnesota Life Insurance Co., a Securian affiliate and one of the most highly-rated life insurers in America. For more information about Securian's fee facilitation services, call 877-876-4015.

SOURCE: Securian Financial Group

CONTACT: Maggie Jensen, APR of Securian Financial Group,
+1-651-665-7558

Web site: http://www.securian.com/
http://www.securian.com/Businesses/retirement/retirement.asp
http://www.securian.com/about/financials.asp

Key Contacts

Latest Features